Sold

17 Thomas St

Bloomfield Twp NJ, 07003

$500,000


$333.33 per sqft

Sold

4 Beds

2 Baths

1,500 sqft

Multi-family

Built in 1890

Calling all investors and house-hackers -- you don't want to miss this turnkey opportunity to own a great 2-family property in Bloomfield near the train station and Watsessing Park! The first unit has been gut-renovated and features two bedrooms plus a sunny home office, a modern bathroom, open-concept kitchen with an island and brand-new appliances (including a dishwasher and range hood), a bar nook, new windows, flooring, drywall, and lighting. In addition, this unit boasts the convenience of a brand-new central air system. Unit 2 offers an updated kitchen and bathroom, two bedrooms, and a peaceful bonus room ideal for working from home or as a coffee and reading nook. The unfinished basement includes new mechanical units and electrical panels and plenty of storage space, while the backyard offers an oasis to unwind, enjoy al fresco dining, or do some urban gardening. There is also room for one off-street parking spot in front. The property is located near Home Depot, Aldi, Starbucks, and Bloomfield Ave, home to numerous businesses and restaurants. It is also a stone's throw from 23 Skiddoo Caf , a popular local coffee house.This is the investment opportunity you've been waiting for. But hurry, at this price point, with a projected cap rate of 6+%, a hot rental market, and with low multi-family inventory, this property will not last!

3808550

MLS ID

September 21, 2022

Listed

July 13, 2024

Updated

Map

17 Thomas St
Bloomfield Twp NJ, 07003

Interior Features

Total Stories

2


Bedrooms

4


Total Bathrooms

2


Full Bathrooms

2


Appliances

Gas Water Heater


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Baseboard, Forced Air, Natural Gas

Exterior/Building Features

Lot Size

0.06 Acres


Lot Features

Level


Architectual Style

2-Two Story


Roof

Asphalt


Sewer

Public Sewer

Other Property Details

Taxes

$8,225


Tax Frequency

Annually


Days on Market

26


Garage

No


Parking

Off Street


Parking Total

1


View

No


County

Essex


Water Source

Public


Pool

No

Exclusive Listing Agents

Courtesy of COMPASS NEW JERSEY LLC with MAX VISHNEV,
Listing Contact: 7183062687 

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